The first session will preview the web series, establish the foundation and connectivity of the four topics, and dive into our first subject, unlimited PTO. As many organizations shift to unlimited PTO, we'll define what it is and the workforce implications. Next, we'll consider the unique challenges presented to Government contractors. In cost-based acquisition, compensation is governed by FAR Part 31 and, for some CAS 408, among other regulatory requirements. We'll look at the accounting, reporting, and documentation requirements that may impact both financial accounting and a contractor's cost accounting practices.

Navigating the pandemic, most organizations know that remote workers supporting or allocating costs to Government contracts are subject to substantiation and oversight. Given labor costs are generally the most significant cost incurred under Government contracts we'll summarize the documentation, reporting, and auditor oversight requirements. Then, we'll tackle some of the return-to-office challenges such as: policy/plan updates, travel time compensation, unoccupied facilities, and other questions regarding flexible work and Government contract implications.

Contract closeout continues to be a challenge for DCMA and industry even after DCAA has become current with indirect rate audits. The number of contracts subject to closeout is significant as multiple rate years have been audited and negotiated. An extensive number of contracts can be associated with each rate year, many of which have been physically complete for years and are now required to be closed out. DCMA is primarily responsible for administering and closing out a significant portion of these contracts. At the same time, industry is facing big challenges with old data and a surge in demand for capable resources to prepare the contract closeout documentation. This webinar will look at how DCMA and industry can coordinate to address the contract closeout challenge. Learning Objectives:  The importance of contract closeout  A look at the current environment and the extent of contracts awaiting closeout  DCMA's role in contract closeout  A high-level overview of the contract closeout process and differences between contract type  Challenges industry is encountering  Current DCMA initiatives and guidance  Successful strategies and coordination between DCMA and industry

Workforce flexibility impacts an organization's facility occupancy, management, and cost recovery. Given these changes in the workplace, contractors are seeing increased scrutiny on facilities management and utilization. Often, the scrutiny results in questioned costs in their final rate submissions under FAR 31.205-17- Idle facilities and idle capacity and FAR Part 31.201-3, reasonableness. Documentation is key to demonstrating mitigation strategies undertaken by the contractor and optimizing cost allowability. In this session, participants will become familiar with the requirements and common mitigation approaches to facility compliance with the contract cost principles.

Contracting Officers within the DoD are required to determine the acceptability of a contractor's business system, including approving or disapprove the system. Notably, this includes evaluating Property Management systems. This session provides guidance on how to navigate a DCMA Government Property System Review. While not all DoD property system reviews are conducted by DCMA, this audit team conducts thousands of audits per year across the contracting community. This webinar takes a practical view of FAR and DFARS requirements and DCMA's expectations for an approved property system. Instructors will work through the government property lifecycle from acquisition through disposition, recommending tips and tricks along the way, while addressing challenges before, during and after the audit. Learning Objectives:  High level review of FAR and DFARS property requirements  Government property lifecycle focus areas for contractors and auditors  Getting to system approval: common policy & procedure documentation expectations  Common DCMA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls, including ways to get in front of potential findings and facilitate timely corrective action

Our final session, we'll discuss "uncompensated overtime," sometimes called green time or competitive time. It is essential for Government contractors to understand the concept of uncompensated overtime. Uncompensated overtime may impact contract pricing, contract accounting, and contract reporting. Noncompliances with the requirements may lead to over/under absorption of cost, defective pricing allegations, and FAR and CAS non-compliances. Join us as we clarify the confusion surrounding uncompensated overtime. We will explain the terminology and circumstances in which it may occur. Next, we'll illustrate pricing and accounting implications with examples and explore strategies to ensure accurate cost calculations for accounting and pricing while avoiding potential compliance issues.

The session provides guidance on how to navigate a DCMA Contractor Purchasing System Review (CPSR). The webinar takes participants through the myriad of compliance requirements and DCMA's expectations for an adequate purchasing system. This course emphasizes the practical realities of successfully navigating a CPSR by offering tips and tricks to get out in front of review findings, managing relationships with your DCMA review team, avoiding common pitfalls, and facilitating timely corrective action if adverse findings surface. Learning Objectives:  High-level overview of purchasing system requirements  Common policy & procedure and documentation expectations  Common DCMA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during CPSR  Tips and tricks to get in front of potential findings and facilitate timely corrective action

A Forward Pricing Rate Proposal (FPRP) is one of the main outputs of a contractor's annual budgeting and planning cycle, and thus receives a lot of audit attention. Even though this attention occurs regularly during the year in connection with contract pricing proposals, DCAA re-scrutinizes FPRPs as part of an overall estimating system audit. Join our experts for this one-hour webinar - part of a larger webinar series focused on government audits - to discuss common forward pricing rate audit challenges and findings, strategic risk mitigation options, and tactical tips and tricks to ensure a successful audit. Learning Objectives:  The purpose and intent of forward pricing rates, and the focus of government audits  Who performs these audits, with a primary focus on the Defense Contract Audit Agency  Recent areas of attention and common challenges contractors face during FPRP and proposal audits  How estimating business system audits intersect with and are impacted from FPRP audits  Strategies for managing and addressing audit requests  Key estimating process risk areas and how to mitigate them

This session provides guidance on what to expect before, during, and after a DCAA Incurred Cost Proposal (ICP) audit. Along with covering the typical ICP audit process, we explore the normal areas of focus for DCAA, expected DCAA data requests and their purpose, typical DCAA findings and potential responses to those findings, as well as some best practices to avoid common pitfalls during the audit process. Learning Objectives:  Brief overview of the ICP and its purpose  DCAA selection criteria for ICP audits  Understanding the difference between an adequacy review vs. a full audit  Common DCAA data requests to expect and the rationale behind them  Common DCAA findings  Tips on how to defend against findings, particularly questioned costs  Most common challenges contractors face during an ICP audit and tips on how to overcome them

The session provides guidance on how to navigate a DCAA accounting system audit. The webinar takes a lifecycle approach. It begins with understanding the different accounting system and associated audit requirements, to supporting the audit process, through audit reporting and corrective action. This course emphasizes the practical realities of an accounting system audit by offering tips and tricks to get out in front of audit findings, managing auditor/auditee relationships, avoiding common pitfalls, and facilitating timely corrective action if adverse audit findings surface. Learning Objectives:  High-level overview of the accounting system requirements  Understanding and differentiation of accounting system audit types and associated approaches  Developing strong working relationships with DCAA  Common DCAA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during accounting system audits  Tips and tricks to get in front of potential audit findings and facilitate timely corrective action